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Best Ways to Trade on Binance
Understanding Your Risk Tolerance and Goals
Before diving into trading, it's crucial to assess your financial situation and risk tolerance.

Risk Tolerance: How much are you willing to lose?
Investment Goals: What are you aiming to achieve (short-term profit, long-term growth, diversification)?

Educational Foundation

Learn About Cryptocurrencies: Understand the basics of blockchain technology, different cryptocurrencies, and market trends.
Grasp Trading Concepts: Familiarize yourself with terms like market order, limit order, stop-loss, take-profit, leverage, margin trading, and more.
Technical Analysis: Learn how to interpret charts and indicators to predict price movements.
Fundamental Analysis: Understand the factors influencing cryptocurrency values, such as project fundamentals, market sentiment, and news.

Choosing the Right Trading Approach

Spot Trading: Buying and selling cryptocurrencies directly.
Margin Trading: Borrowing funds from Binance to increase your buying power (high risk).   1. How To Borrow Crypto on Binance Margin And Loans
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Futures Trading: Predicting price movements and earning profits based on your predictions (extremely risky).
Copy Trading: Following experienced traders (still involves risk).

Risk Management

Diversify Your Portfolio: Spread your investments across different cryptocurrencies to reduce risk.
Set Stop-Loss Orders: Protect yourself from significant losses by automatically selling if the price drops below a certain level.   1. Using stop-loss orders is a common strategy to manage risk i | Trade Eagle على Binance Square
Source
Take-Profit Orders: Secure profits by automatically selling when the price reaches a target level.   1. What Are Stop Loss and Take Profit Orders in Crypto and Forex? | FUTURE_CRYPTO on Binance Square
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Avoid Emotional Trading: Make decisions based on analysis, not emotions. #tips #BinanceSquareFamily #BinanceEarnProgram

pi coin value had increasing as i mention before and i had advised you to buy pi coin and who had fallowed me and act on my advise are been in profit now #btc #Bitcoin_Coneference_2024 #pi

youall trader be alert in the furture #SUI🔥 coin will be go to 0.7098 in a week so u should set limit to buy it on this price and set limit to sale it at 1.0234

please share and like it

in my opinion the beginner trader or new trader should pick up the coin which is going on full loss because after loss it gain it price in 2 or 3 days

US SEC Chairman Announces Smooth Approval Process for Ethereum ETF
According to BlockBeats, on June 26, the Chairman of the U.S. Securities and Exchange Commission (SEC), Gensler, reported a smooth approval process for the Ethereum Exchange-Traded Fund (ETF). This announcement indicates a positive progression in the acceptance and integration of cryptocurrency in the mainstream financial market.
#eth #CryptoNewss

in furture meta is going to be launched and has been touched to the binance so be ready to find great oppurnatity by meta with binance

#MetaToken #memecycle #meta

Ethereum price gained pace above the $3,350 resistance zone. ETH even tested $3,500 and aims for more upsides in the near term.
Ethereum is showing strength and tested the $3,500 level.
The price is trading above $3,350 and the 100-hourly Simple Moving Average.
There is a key bullish trend line forming with support at $3,320 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to rise above the $3,500 and $3,550 resistance levels.
Ethereum Price Climbs 10%, Bulls In Action
Ethereum price started a major increase above the $3,250 resistance zone. ETH even climbed above the $3,350 resistance to move further into a positive zone. Finally, there was a move above the $3,440 resistance, like Bitcoin.
It tested the $3,500 resistance zone. A high was formed at $3,497 and the price is now consolidating gains. The bulls seem to be active well above the 23.6% Fib retracement level of the upward wave from the $3,085 swing low to the $3,497 high.
Ethereum is now trading above $3,400 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $3,320 on the hourly chart of ETH/USD.
On the upside, the price is facing resistance near the $3,480 level. The first major resistance is near the $3,500 level. The next major hurdle is near the $3,550 level. A close above the $3,550 level might send Ether toward the $3,650 resistance.

#eth #etherreum #athene

Happy 7th year anniversary Binance!!

210m users in 7 years. This achievement is only possible because of your trust and support. Thanks for standing by us through the ups and downs. We have emerged stronger with every challenge.

We will continue to bui7d the best and most trusted global crypto platform to support you in your journey. We are still early in the crypto cycle and the best is yet to come.

Keep it up
#Binancepen_spark #BinanceSquareFamily #BinanceEarnProgram #BTC☀

the doge coin #WIF_Usdt orice is going up you shold purchase its coin and sell at the profit of 30 % #WIF
its stops on 2.2134

TON and Polygon Labs Collaborate to Bring EVM Functionality Through New TON L2
The TON Application Chain (TAC) and Polygon Labs have announced a significant collaboration to introduce Ethereum Virtual Machine (EVM) functionality to the TON ecosystem. The integration, revealed on July 9, involves the TON L2 incorporating Polygon CDK and the interoperability protocol Agglayer. This move aims to enable EVM-compatible decentralized applications (DApps) on TAC, expanding the range of services available to TON users, including decentralized finance (DeFi), gaming, and identity solutions.
TAC is described as a layer-2 network built on TON, designed to bring EVM-based decentralized applications to both TON and Telegram users. The founding team of TAC includes notable figures such as Curve founder Michael Egerov and the team behind The Open Protocol (TOP), which provides crypto wallet functionality within the Telegram app. Looking ahead, Pavel Altukhov, CEO of TAC, mentioned that TAC is planning to raise an additional $5 million in an external funding round.
Altukhov explained that the introduction of EVM compatibility is a game-changer for the TON Network. He highlighted that this will remove barriers for users and expects a surge in interest for DeFi and GameFi applications post-integration. He also mentioned the recent integration of USDT on TON and the rise of Tap-to-Earn applications, particularly through a project called Notcoin. "The expansion of the mini apps ecosystem has driven the growth of 5.8 million monthly active on-chain wallets on Telegram. TAC's integration is expected to amplify this demand further," he added.
With applications like Wallet in Telegram, the EVM-compatible integration will provide Ethereum developers access to Telegram's extensive user base, facilitating the implementation of more real-world crypto applications. Potential use cases include DeFi applications, gaming, and decentralized identity solutions.
#CPI_BTC_Watch

**Beware of P2P Scams:**

- **Scam Tactic:** A P2P seller may try to convince you to cancel the order after payment.

- **Deceptive Explanation:** The scammer claims a system error prevents automatic unlocking of USDT (cryptocurrency).

- **False Assurance:** They say the USDT will unlock automatically after 48 hours or can be manually unlocked by a technician if you switch to manual order processing.

- **Refund Trick:** When you request a refund, the scammer insists you must cancel the order first to process the refund.

- **Result:** Cancelling the order usually leads to losing your money without receiving the USDT.

🔴 **Important Tip:** In P2P transactions, once you've paid for crypto through a bank payment, **never cancel the order under any circumstances.**

#p2p #P2PScamWarning #BinanceSquareFamily

please like share and fallow me and share my information so tht other can also take benefits #everyone

The global cryptocurrency market cap now stands at $2.07T, down by -10.50% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $54,800 and $57,910 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $57,606, down by -0.52%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ZEN, BONK, and MDX, up by 23%, 12%, and 11%, respectively
#zen #bonk #mdx #BitcoinTherapist #bitcoin☀️

Things I personally look forward to in the next 12 months:
- New use cases & continued innovation
- Enhanced user experience & retail adoption
- Institutionalisation & mainstreaming of crypto
- Greater regulatory development & clarity

So much more to come! We're still early. 💪

#amp #US_Job_Market_Slowdown

fallow me i ensure that you will win every trade

Germany Almost Done Selling Bitcoin, Holding Less Than 5K Tokens After Latest Moves
The German state of Saxony is quickly running out of bitcoin {{BTC}} to sell after moving another batch of its confiscated assets to crypto exchanges and brokers on Thursday.

Bitcoin wallets linked to the German authorities transferred a total of 10,567 BTC worth over $600 million in multiple batches during the day to crypto exchanges Bitstamp, Coinbase, Kraken and other service providers such as Flow Traders and Cumberland DRW, blockchain data by Arkham Intelligence shows.

After today's transactions, the wallets linked to the authorities held only 4,925 BTC worth $285 million at current prices, down from the 50,000 BTC worth nearly $3 billion since they started selling the assets three weeks ago.

This means that Germany's bitcoin selling spree could be over as soon as Friday or early next week at the current pace, given that the wallets unloaded roughly 35,000 BTC so far this week.

Read more: It's Not Germany Selling Bitcoin. It's One of Its States and It Has No Choice.

The tally could change in the later hours because of the wallet's odd practice of receiving a part of the transferred assets, at times in the $10 million range, back from exchanges and brokers before the end of the day. (Greg Cipolaro, the head of research at digital asset manager NYDIG , called the on-chain activity "perplexing" in a Wednesday note.)

The looming finish of Germany's $3 billion selling spree could allay crypto investors' fears, who have been fixated on the on-chain movements of large potential sellers on the market over the past few weeks, tying the recent downturn in asset prices to concerns over supply overhang.

Bitcoin's 15% correction over the past month coincided with the U.S. government, which holds over $12 billion in seized bitcoin, moving $240 million worth of Silk Road-related BTC to Coinbase and the estate of the defunct Japanese exchange Mt. Gox starting repayments of 140,000 BTC to creditors this month, who might want to cash out after ten years of waiting.
#CPI_BTC_Watch #btc

all the traders & investors all alert to the pi coin price #pi #btc
one pi is almost equal to 100 pkr and 0.34 or 0.40 usdt or usd so invest in it because it will be list in binance soon
and what will you think btc will go up or down according to me it will go up to 10% #CPI_BTC_Watch $BTC

all traders should invest to #WIF coin in furture it will gain price